Cambridge City
MA

City Manager's Agenda Item
CMA 2020 #105
ORDER ADOPTED
Jun 15, 2020 5:30 PM

Transmitting Communication from Louis A. DePasquale, City Manager, requesting the appropriation and authorization to borrow $237,000,000 to provide funds for the design and construction of the Tobin Montessori and Vassal Lane Upper School. ON OR AFTER JUNE 15, 2020 THE QUESTION COMES ON ADOPTION

Information

Department:City Manager's Office, LADSponsors:
Category:Appropriation

Body

Please find attached an order requesting the appropriation and authorization to borrow $237,000,000 to provide funds for the design and construction of the Tobin Montessori and Vassal Lane Upper School. Construction includes the commencement of demolition and remediation of the existing building and open space.

 

This order is being submitted for the May 18, 2020 City Council meeting to allow the City Council to vote on this order on June 15, 2020 which is the projected date for City Council adoption of the FY21 Budget. Approval of loan orders on budget adoption night has been the practice for several years.

 

If passed to a second reading on May 18, 2020, the City will comply with all legal requirements so that the order may be adopted on June 15, 2020.  Please see the Public Investment Section in the FY21 Submitted Budget for additional information on these projects. The Finance Committee hearing on the FY21 Public Investment Budget is scheduled for June 2, 2020.

Meeting History

May 18, 2020 5:30 PM Video City Council Regular Meeting
draft Draft
RESULT:PASSED TO A SECOND READING [UNANIMOUS]Next: 6/1/2020 5:30 PM
YEAS:Dennis J. Carlone, Patricia Nolan, Jivan Sobrinho-Wheeler, Alanna Mallon, Marc C. McGovern, Sumbul Siddiqui, E. Denise Simmons, Timothy J. Toomey, Quinton Zondervan
Jun 1, 2020 5:30 PM Video City Council Regular Meeting
RESULT:NO ACTION TAKENNext: 6/8/2020 5:30 PM
Jun 8, 2020 5:30 PM Video City Council Regular Meeting
draft Draft
RESULT:REFERRED [UNANIMOUS]
YEAS:Dennis J. Carlone, Patricia Nolan, Jivan Sobrinho-Wheeler, Alanna Mallon, Marc C. McGovern, Sumbul Siddiqui, E. Denise Simmons, Timothy J. Toomey, Quinton Zondervan
Jun 10, 2020 5:30 PM Video City Council Special Meeting
draft Draft
RESULT:NO ACTION TAKENNext: 6/15/2020 5:30 PM
Jun 15, 2020 5:30 PM Video City Council Regular Meeting
draft Draft
RESULT:ORDER ADOPTED [8 TO 1]
YEAS:Dennis J. Carlone, Patricia Nolan, Jivan Sobrinho-Wheeler, Alanna Mallon, Marc C. McGovern, Sumbul Siddiqui, E. Denise Simmons, Timothy J. Toomey
NAYS:Quinton Zondervan